Quad Graphics was founded in 1971 and is headquartered in Sussex, US

Quad Graphics has offices in Sussex, Montgomery, Manchester, Portland and in 52 other locations

Sussex, US (HQ)

Harry's Way

Quad Graphics's revenue was reported to be $4.3 b in FY, 2016 which is a **7% decrease** from the previous period.

## Revenue (FY, 2016) | $4.3 b |

## Revenue growth (FY, 2015 - FY, 2016), % | (7%) |

## Gross profit (FY, 2016) | $934.7 m |

## Gross profit margin (FY, 2016), % | 22% |

## Net income (FY, 2016) | $44.9 m |

## EBIT (FY, 2016) | $122.4 m |

## Market capitalization (23-May-2017) | $1.2 b |

## Closing share price (23-May-2017) | $22.6 |

## Cash (31-Dec-2016) | $9 m |

## EV | $2.2 b |

Quad Graphics's current market capitalization is $1.2 b.

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Revenue | $4.8 b | $4.9 b | $4.7 b | $4.3 b |

## Revenue growth, % | 1% | (4%) | (7%) | |

## Cost of goods sold | $3.8 b | $3.9 b | $3.8 b | $3.4 b |

## Gross profit | $994 m | $970.5 m | $916.8 m | $934.7 m |

## Gross profit Margin, % | 21% | 20% | 20% | 22% |

## General and administrative expense | $454.6 m | |||

## Operating expense total | $4.7 b | $4.7 b | $5.5 b | $4.2 b |

## EBIT | ($830 m) | $122.4 m | ||

## EBIT margin, % | (18%) | 3% | ||

## Interest expense | $85.5 m | $92.9 m | $88.4 m | $77.2 m |

## Income tax expense | $23.3 m | $20.2 m | ($282.8 m) | $13 m |

## Net Income | $30.9 m | $18.3 m | ($641.9 m) | $44.9 m |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Cash | $13.1 m | $9.6 m | $10.8 m | $9 m |

## Accounts Receivable | ||||

## Inventories | $272.5 m | $272.5 m | $280.1 m | $265.4 m |

## Current Assets | $1.1 b | $1.2 b | $991.3 m | $902.6 m |

## Goodwill | $773.1 m | $775.5 m | ||

## Total Assets | $4.2 b | $4.1 b | $2.8 b | $2.6 b |

## Accounts Payable | $401 m | $401 m | $358.8 m | $323.5 m |

## Total Debt | $1.3 b | $1.3 b | $1.2 b | $1 b |

## Current Liabilities | $888.8 m | $862.6 m | $807.4 m | $774.6 m |

## Additional Paid-in Capital | $983.1 m | $971.3 m | $956.7 m | $912.4 m |

## Retained Earnings | $558.8 m | $515.2 m | ($188.1 m) | ($206.4 m) |

## Total Equity | $423.9 m | $441.5 m | ||

## Debt to Equity Ratio | 2.9 x | 2.3 x | ||

## Debt to Assets Ratio | 0.3 x | 0.3 x | 0.4 x | 0.4 x |

## Financial Leverage | 6.7 x | 5.8 x |

FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} | |
---|---|---|---|---|

## Net Income | $30.9 m | $18.3 m | ($641.9 m) | $44.9 m |

## Depreciation and Amortization | $340.5 m | $336.4 m | $325.3 m | $277 t |

## Accounts Receivable | ||||

## Inventories | $500 k | $500 k | $24.6 m | $12.7 m |

## Accounts Payable | ||||

## Cash From Operating Activities | $441.1 m | $293.2 m | $348.1 m | $352.5 m |

## Purchases of PP&E | ($149.5 m) | ($139.2 m) | ($133 m) | ($106.1 m) |

## Cash From Investing Activities | ($430.6 m) | ($224.2 m) | ($216.7 m) | ($84.4 m) |

## Long-term Borrowings | ($1.5 b) | ($1.6 b) | ($1.4 b) | ($918 m) |

## Cash From Financing Activities | ($10.2 m) | ($71.7 m) | ($127.9 m) | ($269.3 m) |

Y, 2016 | |
---|---|

## EV/EBIT | 17.9 x |

## EV/CFO | 6.2 x |

## Revenue/Employee | $192.4 k |

## Debt/Equity | 2.3 x |

## Debt/Assets | 0.4 x |

## Financial Leverage | 5.8 x |